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Worcester 01610 Vernon Hill
7 Raymond St,
$256,000
● House - Off Market

7 Raymond St,

Worcester, MA 01607
bedrooms
2 Beds
bathrooms
1 Bath
square feet
846 Ft²
$236,766
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Cozy 2 bed 1 bath home with a cute back yard and partially finished walk-out basement. This home is fully vinyl sided on the exterior and simply needs a little cleaning on the interior to be a great home. Located right off of Rt-146 and Rt-290 with Holy Cross and multiple parks near back. If interested come to the walk-through / open house on Wednesday June 6th from 4:00pm - 6:00pm!
Unit Size
846 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$271
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73006323)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by Unique Realty , LLC $229,000
Listed by Unique Realty , LLC
Sep 30, 2016 Sold
Premium
Sold
Sep 1, 2016 Listed by Unique Realty , LLC $124,900
Listed by Unique Realty , LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 846
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 846
  • Gross Building Area: 1,808
  • Building Area: 846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 732600

Zoning

  • Zoning: RG-5

Geography

  • Account Number: 10-031-00019
  • Parcel: WORC M:10 B:031 L:00019
  • Block: 31
  • Lot: 19
  • Municipality: WORCESTER
  • Latitude: 42.2428
  • Longitude: -71.8003

    Address

  • Full Address: 7 Raymond St
  • Address - House Number: 7
  • Address - Street Name: Raymond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Worcester
  • Carrier Code: C004
  • 4-Digit Zip Code: 1023
  • Zip Code: 01607

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 294,276
  • High Value: 352,646
  • Low Value: 235,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,100
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $163,500

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96595
  • Previous Sale Recording Date: Sep 30, 2016
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vernon Hill

Stats & Trends

Median Asking:

$679,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2950 ft²

Average Home Age

117.5 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 42 Vernon Street, MA, 01610

$958 /mo

  • 1 Bed
  • 1 Bath
42 Vernon Street, MA, 01610 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73006323

Frequently Asked Questions

When was property at 7 Raymond Street built and last sold?
The property at 7 Raymond Street was built in 1961 and last sold on Aug 31, 2022 for $256,000.
How much is this home worth?
The estimated value of the home located at 7 Raymond Street is $228,318.
What are some comparable homes to 7 Raymond Street?
There are currently no comparable homes to 7 Raymond Street.
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